证券代码：003010 证券简称：若羽臣 公告编号：2025-051 广州若羽臣科技股份有限公司 关于股份回购进展情况的公告 本公司及董事会全体成员保证公告内容真实、准确和完整，没有虚假记载、 误导性陈述或重大遗漏。 广州若羽臣科技股份有限公司（以下简称"公司"）于2025年2月19日召开 第四届董事会第五次会议，审议通过了《关于2025年度第一期回购公司股份方案 的议案》。公司将使用自有资金和股票回购专项贷款资金通过深圳证券交易所股 票交易系统以集中竞价交易方式回购部分公司发行的人民币普通股（A股）股票。 本次回购股份的资金总额将不低于人民币10,000万元（含），且不超过人民币 20,000万元（含），回购价格不超过42.40元/股（含）。本次回购股份实施期限 为自董事会审议通过回购股份方案之日起12个月内。具体内容详见公司刊登在 《上海证券报》《证券日报》《证券时报》《中国证券报》和巨潮资讯网 （http://www.cninfo.com.cn）上的《关于2025年度第一期回购公司股份方案的 公告》（公告编号：2025-014）。 根据《上市公司股份回购规则》《深圳证券交易所上市公司自律监管指引第 9号 ...

2连板若羽臣：目前经营情况正常 不存在应披露而未披露的重大事项 金十数据6月4日讯，若羽臣公告称，公司股票交易价格连续3个交易日内收盘价格涨幅偏离值累计超过 20%，属于股票交易异常波动情形。经核实，公司前期披露的信息不存在需要更正、补充之处，近期经 营情况正常，内外部经营环境未发生重大变化，公司、控股股东及实际控制人不存在关于公司的应披露 而未披露的重大事项。 ...

Group 1 - The market experienced a rebound on June 3, with major indices showing slight increases, and the total trading volume in Shanghai and Shenzhen reaching 1.14 trillion, an increase of 22.3 billion compared to the previous trading day [1] - The focus of the market was on the pharmaceutical and consumer sectors, with over 3,300 stocks rising, leading to the Shanghai Composite Index increasing by 0.43%, the Shenzhen Component Index by 0.16%, and the ChiNext Index by 0.48% [1] - The drone concept gained traction following Ukraine's significant drone attack on Russian airbases, with companies like Yongyue Technology and Zhongtian Rocket achieving consecutive gains [1] Group 2 - BioNTech announced a licensing agreement with Bristol-Myers Squibb for its new cancer drug BNT327, which could yield up to 11.1 billion in milestone payments, highlighting the ongoing trend of large-scale business development agreements in the innovative drug sector [2] - The consumer market saw a resurgence during the Dragon Boat Festival, with new consumption trends emerging, particularly in the 618 shopping event, where companies like Pop Mart, Laopu Gold, and Mixue Group reached new historical highs [2] - The health beverage sector also saw significant activity, with companies like Yinyuan Health achieving a full limit-up, and others like Ruoyuchen, Wancheng Group, and Caibai Co. hitting historical highs [2]

Core Viewpoint - The cosmetics retail sales in China for January to April 2025 showed a year-on-year increase of 4%, underperforming the overall retail market by 0.7 percentage points, but this represents an improvement compared to 2024. The industry is characterized by four key trends: innovation in personal care products, breakthroughs in ingredient technology, rising emotional consumption, and the continuation of affordable consumption [1][3]. Investment Recommendations - The company recommends increasing holdings in the personal care sector, highlighting quality companies that benefit from product innovation and opportunities in Douyin channels, with key recommendations including Ruoyuchen (003010), Dengkang Oral (001328), and Runben Co. [2] - In the beauty sector, structural opportunities are identified, with key recommendations for companies like Jinbo Biological, Juzi Biological, and Marubi Co. that are positioned to benefit from the collagen restructuring trend. Additionally, brands like Maogeping, Shumei Co., Proya (603605), and Shanghai Jahwa (600315) are expected to gain from the overall increase in domestic market share [2]. - Companies expected to bottom out and potentially see a turning point include Lafang Household (603630), Shuiyang Co. (300740), Betaini (300957), Furuida (600223), Huaxi Biological, Fulejia (301371), Meilitiantian Medical Health, and Qingsong Co. (300132) [2]. Industry Overview - Demand remains stable, with the rise of domestic brands in the beauty and personal care sectors accelerating. The cosmetics retail sales for January to April 2025 increased by 4% year-on-year, which is a 0.7 percentage point underperformance compared to the overall retail market, but shows improvement from 2024. The overall demand is stable, with leading domestic brands performing well and the rise of new domestic brands spreading from beauty to personal care categories [3][4]. Trends - The industry is witnessing several trends: 1) Personal care transformation with new products in traditional categories, supported by content e-commerce creating a favorable environment for new product launches [4]. 2) Ingredient innovation, particularly in collagen restructuring, with various types and structural innovations expanding application scenarios [4]. 3) Emotional consumption, where cultural, stylistic, and experiential demands are driving the growth of domestic trends in cosmetics and fragrances [4]. 4) Affordable consumption, where the trend for cost-effectiveness continues under supply-demand resonance, benefiting strong supply chains and well-operated brands [4]. Key Companies - Looking ahead to 2025, the market risk appetite is expected to recover significantly. The beauty sector is characterized by substantial changes and a clear trend of rising domestic brands, indicating strong growth potential and leadership in new consumption [5]. The differentiation among brands is increasing, emphasizing the selection of high-growth targets driven by product innovation and attention to marginal improvements [5].

Market Overview - The three major A-share indices rebounded collectively, with the Shanghai Composite Index rising by 0.48%, the Shenzhen Component Index by 0.35%, and the ChiNext Index by 0.73% [1] - The total market turnover reached 763.9 billion yuan, a decrease of 7.7 billion yuan compared to the same period of the previous trading day [1] - Over 3,400 stocks in the market experienced gains [1] Sector Performance - The gold sector led the market, with Western Gold hitting the daily limit [1][9] - The innovative drug sector remained active, with stocks like Wanbangde and Qianhong Pharmaceutical also hitting the daily limit [1] - The new consumption concept saw renewed activity, with stocks like Ruoyuchen and Wancheng Group hitting their historical highs [1][12] Sports Sector Impact - The Jiangsu City Football League ("Su Chao") attracted significant attention, with 15,669 fans attending a match despite rain [3] - The popularity of "Su Chao" translated into the capital market, with Jinling Sports hitting a 20% limit up and 11 stocks in the Jiangsu sector reaching their daily limits [4][6] Gold Market Insights - Gold prices rebounded, with COMEX gold futures surpassing $3,400 per ounce [11] - The gold sector in both A-shares and Hong Kong stocks showed strong performance, with several companies like China Silver Group and Zijin Mining also experiencing gains [9][11] New Consumption Trends - The new consumption sector saw significant growth, with stocks like Ruoyuchen and Wancheng Group achieving historical highs [12] - Recent data indicated that several new consumption stocks have seen their prices more than double, with Ruoyuchen and Wancheng Group increasing over four times [18]

Core Viewpoint - The company RuYuchen (003010.SZ) announced adjustments to its share repurchase plan while maintaining the total amount of funds for repurchase between 100 million and 200 million yuan, indicating a strategic focus on growth and shareholder value [1] Group 1: Financial Performance and Projections - The total revenue for 2023 is projected at 1.366 billion yuan, with a year-on-year growth of 12.25%. By 2027, revenue is expected to reach 4.762 billion yuan, reflecting a growth rate of 31.04% [2] - The net profit attributable to shareholders is forecasted to be 54.29 million yuan in 2023, increasing to 302.92 million yuan by 2027, with a significant year-on-year growth of 60.93% in 2023 and 30.37% in 2027 [2] - The earnings per share (EPS) is expected to rise from 0.33 yuan in 2023 to 1.85 yuan in 2027, indicating strong profitability growth [2] Group 2: Industry Trends and Strategic Initiatives - The Chinese government has emphasized the development of the anti-aging industry, which is expected to grow rapidly due to advancements in genetic technology and regenerative medicine [2] - RuYuchen's brand Feicui has established a strategic partnership with Jinan University to create an "Anti-Aging Research Center," focusing on aging mechanisms and regenerative medicine [3] - The company has formed strategic collaborations with leading raw material suppliers to enhance product development, leveraging innovative ingredients like "Ruby Oil" for its multiple health benefits [3] Group 3: Market Position and Growth Drivers - RuYuchen is recognized as a leading digital brand management company in China, successfully expanding into household cleaning and health supplement sectors [3] - The brand Feicui has shown rapid growth, ranking second in the oral beauty nutrition category on Tmall and achieving significant visibility in live streaming on Tmall International [1][3] - East Wu Securities has raised the net profit forecasts for RuYuchen for 2025 and 2026, reflecting confidence in the company's growth trajectory and maintaining a "buy" rating [3]

Summary of Key Points Core Viewpoint - The company, Guangzhou Ruoyuchen Technology Co., Ltd., announced adjustments to its share repurchase plan following the implementation of its 2024 annual equity distribution, which includes cash dividends and capital reserve transfers to shareholders [1][2]. Group 1: Share Repurchase Plan - The company plans to repurchase shares using its own funds and a special loan for share repurchase, with a total fund amount between RMB 100 million and RMB 200 million [1][4]. - The initial maximum repurchase price was set at RMB 42.40 per share, which has been adjusted to RMB 30.22 per share due to the equity distribution [2][4]. - The expected number of shares to be repurchased ranges from approximately 3.31 million to 6.62 million shares, representing about 1.45% to 2.91% of the total share capital post-equity distribution [4][5]. Group 2: Equity Distribution Implementation - The equity distribution plan involves a cash dividend of RMB 5 per 10 shares and a capital reserve transfer of 4 shares for every 10 shares held, resulting in a total capital increase of 63,457,442 shares [2][10]. - The total share capital after the distribution will increase to 227,487,948 shares [10][11]. - The record date for the equity distribution is set for June 6, 2025, with the ex-dividend date on June 9, 2025 [11][12]. Group 3: Calculation Adjustments - The cash dividend per share is calculated to be approximately RMB 0.4836 based on the total cash dividend of RMB 79,321,803 distributed among the adjusted share capital [3][15]. - The adjustment in the repurchase price is based on the cash dividend and the change in circulating shares due to the capital reserve transfer [4][15]. - The adjusted maximum repurchase price reflects the cash dividend and the increase in circulating shares, ensuring compliance with regulatory requirements [4][16].

证券代码：003010 证券简称：若羽臣 公告编号：2025-049 广州若羽臣科技股份有限公司 关于2024年年度权益分派实施后调整回购股份 价格上限和数量的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假 记载、误导性陈述或重大遗漏。 一、股份回购的基本情况 广州若羽臣科技股份有限公司（以下简称"公司"）于 2025 年 2 月 19 日召开 第四届董事会第五次会议，审议通过了《关于 2025 年度第一期回购公司股份方案 的议案》。公司将使用自有资金和股票回购专项贷款资金通过深圳证券交易所股票 交易系统以集中竞价交易方式回购部分公司发行的人民币普通股（A 股）股票。本 次回购股份的资金总额将不低于人民币 10,000 万元（含），且不超过人民币 20,000 万元（含），回购价格不超过 42.40 元/股（含）。在回购股份价格不超过 42.40 元/股（含本数）的条件下，按回购金额测算，预计回购股份数量为 235.85 万股— 471.70 万股，约占公司当时已发行总股本的 1.44%—2.88%，具体回购股份的数量 以回购期限届满或者回购股份实施完毕时实际回购的股份数量为准。回购 ...

证券代码：003010 证券简称：若羽臣 公告编号：2025-048 广州若羽臣科技股份有限公司 2024 年年度权益分派实施公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假 记载、误导性陈述或重大遗漏。 特别提示： 1、根据《深圳证券交易所上市公司自律监管指引第 9 号——回购股份》等相 关规定，上市公司回购专用账户中的股份，不享有股东大会表决权、利润分配、公 积金转增股本、认购新股和可转换公司债券等权利。广州若羽臣科技股份有限公司 (以下简称"公司")回购专用证券账户中的 5,386,900 股不参与本次权益分派。以 公司现有总股本 164,030,506 股剔除已回购股份 5,386,900 股后的 158,643,606 股 为基数，向全体股东每 10 股派 5 元（含税），实际现金分红总额为 79,321,803 元 （含税），以资本公积金向全体股东每 10 股转增 4 股，公司不送红股，合计转增股 本 63,457,442 股。剩余未分配利润结转以后年度。 2、根据公司 2024 年度利润分配方案，公司总股本折算每股现金红利、每股资 本公积转增股本的比例计算如下： 按总股本 ...

Core Insights - Ruoyuchen has transformed from an unnoticed player to a leading company in the e-commerce operation industry, with a significant increase in revenue and profit [1][6] - The company reported a 30% revenue growth and a 95% increase in net profit for 2024, making it the most profitable e-commerce operation listed company [1][4] - The stock price of Ruoyuchen has surged over 400% in the past year, reflecting strong market confidence [1][6] Financial Performance - In 2024, Ruoyuchen's revenue reached 1.77 billion yuan, with a net profit of 100 million yuan [4][6] - The company's self-owned brand revenue grew by 90%, with a gross margin of 67%, significantly higher than the 39% gross margin from its operation business [6][11] - For Q1 2025, net profit increased by 114% year-on-year, indicating continued strong performance [1] Business Strategy - The company has shifted focus from e-commerce operation, which now accounts for about 40% of its business, to developing its own brands in health, beauty, and household cleaning [3][11] - Ruoyuchen aims to become an excellent brand management company, with plans to increase the share of self-owned brands in total revenue [3][11] - The founder, Wang Yu, emphasizes the importance of understanding consumer needs and developing products accordingly, which has been a key factor in the success of their self-owned brand, Zhanjia [9][10] Market Context - The e-commerce operation market in China reached 1.5 trillion yuan in 2021, with a growth rate of 9.9%, down from previous years, indicating a shift in market dynamics [7] - The rise of short video and live-streaming e-commerce has created new challenges for traditional e-commerce operations [7][8] - Ruoyuchen's strategy to focus on self-owned brands is seen as a response to the declining profitability in the traditional operation model [8][11] Future Outlook - Wang Yu expresses concerns about sustaining high growth rates amid increasing market expectations and competition from established brands in the household cleaning sector [14][15] - The company plans to continue investing in self-owned brands while managing operational costs effectively [15][16] - Ruoyuchen aims to maintain its growth trajectory and become a leading brand management company in the long term [15][16]